Skip to main content

About your Search

20121201
20121231
STATION
CNBC 14
CSPAN2 9
CNNW 5
CSPAN 5
FBC 2
KQED (PBS) 2
MSNBCW 2
WBAL (NBC) 1
LANGUAGE
English 42
Search Results 0 to 41 of about 42 (some duplicates have been removed)
that the economies matter. i think whether it's been leon panetta, bob gates, admiral mullen, the constant focus on economic feminism, i don't know canada's net position with china, but it does raise this fundamental question of whether american debt is an asset or a liability. you know, the conference in dallas yesterday were recently, where someone made a comment that an american source of power to every different in the past that it defies the pentagon and the size american debt that we're too big to fail. deadhorse lake bigger problem than us. i be interested when you're anything about policy do you look at that as a source of leverage or does it strain american options tremendous a? >> steve, very simply, the u.s. situation with respect to our deficit and debt is a national security liability. we need our senior leadership. we need a senior leadership to take it on. we have an opportunity to do so. we have a requirement to do so. at the foundation of national power is ultimately economic comment and in terms of global influence, in terms of the ability to support a military, the economic is
, therefore, that will lead us in terms of price action over the next five days. bob pisani? >> if you look at the interday, we were positive on the day earlier on. we dropped in the middle of the day and some people are attributing this to concerns that the house leadership did not issue the 48 hour call for the whole house to come back into session and vote on a proposed plan even though there isn't one out there, some are interpreting this to mean there will be no deal certainly going into the weekend. of course, the time period on which we can do something now gets smaller and smaller. let me show you a couple sectors here. we talked about this mastercard report on sales only up 0.7%. luxury retailers getting hit hard. can i just point out that none of these luxury retailers have done very well this year. tiffany, coach, ralph lauren are negative on the year and have been even before today's report. michael kors is the standout in luxury. remember they went public about a year ago. that's had a great run, up about 60% this year. but that's the standout in retail. can i also point out th
is bob king, the president of the united autoworkers. to give our viewers some perspective, when you think union, you think uaw and bob king. so no one better to weigh in on the union perspective for us. bottom line, we were just talking, and you said, looks like this is going to pass. i know the governor is going to sign it, because he told me that on friday. what does this mean for the workers in the state of michigan? >> well, it demonstrates to workers and really a broad spectrum of the populous that we have to work hard, we have to fight hard to protect our rights. we want a michigan that everybody prospers in, not just the bosses, not just the right wing. we want a michigan for everybody. and i think you see the turnout today, you hear the reaction around the state of michigan, people don't want the right-wing agenda that's being passed in this lame duck. >> reporter: here's my question. the argument that the governor makes and republicans here and supporters of this is why not give individual workers a choice to join the union if they want to join the union. wouldn't it make y
the fiscal cliff. this included chris van hollen. also, senators mark warner and bob corker, a republican from tennessee. this is one hour. >> good morning. i'm the head of bloomberg government. thank you for joining us today, and thank you to deloitte for partnering with us in this event. when we launched bloomberg government just about two years ago, we had the aspiration of creating a one-stop shop, with data, tools, news, and analysis to help government affairs and government sales professionals make better and faster decisions. we went a long way toward achieving that aspiration. a big part of it is conversations on the important issues that face our nation today, particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al over here. he really pu
, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>
, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® rivaroxaban without talking to the doctor who prescribes it for you. stopping may increase yo
with you later in the program. >>> for now, we're joined by bob parker on set, senior adviser at credit suisse. bob, welcome. >> thank you. >> what do you make of this? is there any way that this is a positive in terms of perhaps opening the door towards mon at the monte serving in some sort of government? >>. >> i am assuming we're going to have a election probably in the second half of january. we're talking about a position of somewhere between 12 and 17% of the vote. so subsequently, i think fears that berlusconi may come back seem to be misplaced. i think if everyone looks at the last year and a half of what the monte government has achieved in italy, you have to be impressed. we have a strong budget climate surplus. the overall budget has come in dramatically. we've had well fare reform, pension reform. there's further work to be done on the competitiveness of italy. >> i can't tell you how much investors have been talking bullishly about italy. we know it's the eurozone's third biggest economy. obviously what happens in italy is important. they've been saying if anything the prob
commanded our respect in a remarkable way. part of it was because of his service in the war. he and bob dole, our former colleague, literally were wounded at about the same time in europe and were in the same hospital recovering from tremendously serious wounds. senator inouye, of course, later was awarded the congressional medal of honor for that. senator pryor was telling the story that when senator inouye was finally elected to congress he wrote senator dole a note and said, "i'm here. where are you?" because both of them, when they were recovering from their war wounds, had determined that one day they wanted to serve in the united states congress. inouye got here first. a few years ago senator inouye and senator ted stevens invited a number of us to go with them to china. it was quite an experience. senator stevens -- of course, another world war ii veteran -- had flown the first cargo play plane into what was then peking in 1974. and senator inouye was well-regarded in china for that service. and so the group of norse -- there must have been -- and so the group of norse -- ther of se m
's nothing. >> can you imagine a bob dole or george mitchell not getting that done? >> no. >> and the president did go to $400,000 on the tax level. i think it's clear he probably would go to $500,000, too. >> sure. >> the really important thing he did, he went along with the republican demands of entitlements on acola. that's a big deal. and means testing, affluent seniors for medicare. that's not as far as some are willing to go. >> it is, though. there is no doubt the president doing that, the white house is getting killed. >> by the left wing. >> by the left on -- and i think that really is the measure. they're getting killed. >> on acola. >> andrea, i creditized the white house a month or two ago about the president always talking about being courageous, but he was always courageous on the health care bill, on the stimulus, all these things that republicans weren't going to support anyway. but here it's significant. here talking about the cost of living adjustments. that's a lot of money over time. i thought boehner going to $1 million was significant as well. they've
" is the nfl at a crossroads. what sportscaster bob costas says about the league's gun and con krugs problem. >>> and "starting point" team heading in to join us. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. cisco. alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. isn't that awesome? uh that's really cool. you should upload these. i know, right? that is really amazing. the pictures are so clear. kevin's a handsome devil that phone does everything! search dog tricks. okay, see if we can teach him something cool. look at how lazy kevin is. kevin, get it together dude cmon, kevin take 20 pictures with burst shot on the galaxy s3. >>> good morning. welcome back. our team this morning, bob shrum is back. you must have had a good time. >> you asked me back. >> and nan ha
's the chief of staff to governor bob macdonald. to denise northrop came from state of oklahoma where she is chief of staff to governor mary phalen and roxanne white is joining us from the great state of colorado where she's chief of staff to governor john hicken looper. and so their full bios are on the pamphlets and nare all very accomplished professionals in their careers. i'm going to ask roxanne to start and we can come down this way. >> great. first, thank you for the report. i think it provides a good framework for all of us as states to continue to look at the challenges facing us. we have been engaged in pension reform in colorado. our pension fund is about 69% solvent. we did major reform in the last administration. and we are now in court trying to defend that reform. our pension costs by 2020 will go to 22%. and so to give you a sense of how far behind we were as a state, if we lose in court and the battle is whether or not we as a state have a right to ratchet down the colas for our state employees, then we could see a need to go to 25% of compensation by 2020. so it's fairly
, bob, it's a fantasy. all of this goldilocks stuff is a fantasy. you cannot get strong growth with rising taxes and lower spending. that's not going to happen. you cannot have unlimited stimulus that is not going to cause inflation. that's just a fantasy. so there's a real fight going on. none the less, have you noticed, gold being sold, buying the euro, it seems a weird trade going on here affecting the markets. this was going on yesterday as well. this may have to do with the yen. the yen is hitting new lows against the dollar. it's hitting new lows against the euro. have you seen what's going on with the japanese elections? the new prime minister told the bank of japan we want more stimulus. guess who's meeting thursday? the bank of japan. japan's exports fall for the sixth straight month. you are going to see the bank of japan on thursday announce new stimulus measures. you're going to see efforts to weaken the yen. it's going to get even weaker. that is the old yen carry trade. that may be where some of this money is coming from to do the odd little trades that seem to be
will never lift a finger for you again." >> those are tough words! >> you know the old bob novak, he used to say that republicans were put on earth to cut taxes. and if they don't, they have no purpose. >> no purpose, yeah. >> that was bob novak. you know, all of a sudden we're faced with a set of circumstances where we're talking about cutting taxes on spending, and now we've got stuff on the table to react to, and conservatives don't feel comfortable with what's on the table. >> so what is it that conservatives would like to have happen? in other words, compromise. you need compromise to get a deal done, but you're sort of saying don't compromise. >> no, we're saying have a serious conversation. the president is proposing taking an aspirin when we've got a bad case of pneumonia. you've got a trillion-dollar deficit this year, $172 billion just in november. 60% of our budget more or less is on entitlements. and he's proposing not to touch entitlements? that's a nonstarter. i mean, that is an irresponsible position to take. you've got cost of living -- >> that's not his position. it's not
, whitney houston. beat out hurricane sandy. election 2012. bob's favorite thing to commiserate about. hunger games. and to lin jeremy lin. i still have my jersey. >> bob: who is that? >> eric: basketball player. that's it for us on "the five." thank you for watching. >>> i am greg gutfeld. welcome to "red eye." or as i am known in canada, the ontario open robe. let's go to andy levy for a pre game report. andy, what is coming up on tonight's show? >> way to nail that cold open. our top story, is a white tennis player imitating serena williams racist? why not? everything else is. and would we have a budget deal if women were in charge? women say yes, but men say, football, video games. and in the midst of a contract dispute, flight attendants choose to select lively -- selectively with 408d -- withhold services. greg? >> what is wrong with your left sleeve? >> what is that? >> what is wrong with your left sleeve? >> i don't believe anything is wrong with it. >> i believe something is wrong with it. look at it. >> it is not buttoned. >> exactly. what kind of code are you doing? >> my r
boehner doesn't seem to have the power and grover does. >> the point, again, bob corker's pledge is not to me, it is to the voters of tennessee, that's the argument he's made again and again. if he wants to have a different conversation with the voters, that's his choice. >> why is corker the coolest man on earth? who does he play golf with? peyton manning. >> really? >> he's giving me all the big -- the minimum tax. i said, what are you up to this weekend? he said, i played golf with peyton manning. i said, are you kidding me? that seems to be more important to you than the fiscal cliff. >> 11-3? >> they still need home field advantage. >> they're competing for a first round play-off. what peyton has done is just amazing. steve liesman's exclusive with lacquer. one more look at futures this morning. we'll cover what 10% on squawk earlier today. and a lot more when "squawk on the street" comes right back. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 l
the audience through this. we have bob walk the audience through and i would like to start with a provocative opening comment that you make. you set my reporting over three decades has convinced me that we all need to recover a sensibility of time and space that has been lost in the information age when the molders of public opinion - against the hours that will to let them talk about the distinguished your times columnist tom friedman is labeled a flout world. instead little interest to readers to recruit decidedly unfashionable figures who will push of a heart against the notion that geography and a longer matters. so i want to just ask you to start with the basics of geography and tell us why the matter so decisively in the world. this is a pablumized by tom friedman's work greatly is what we can do is all the things. what i'm doing is saying find that human agency, that's fighting against things but what i'm showing you in this book is the other side, i'm not disagreeing with what they said but should i take back to the formidable barriers which if you do not respect you can never overcom
. in 30 minutes, senator bob corker and kent conrad. and at 9:00 eastern, representative scott garrett and sander levin. remember "squawk on the street." >> that's right. "squawk on the street" we have a lot to come, as well. the two senators we're talking with next, two members of the gang of eight now. we'll talk to them. guys we'll send it back to you right now. >> great. thanks, guys. appreciate that. we are now, though, going to flip it over to phil lebeau who is in new york and he's got breaking news. >> as expected we knew that delta was in negotiations to buy 49% stake in virgin atlantic. the deal has been completed. the price is $360 million for that delta will increase its access to heathrow. that's really the key here. 31 daily nonstop flights. that's all part of what goes between the uk and north america for virgin atlantic. the brand remains, guys. make that clear here. the virgin atlantic brand does not go away. what changes is that delta has a 49% stake in the company. there's going to be a press conference later this morning here in new york. we're going to be talking w
there will be consequences and you will be held accountable. >> rose: i am pleased to have bob gates back at this table. welcome. >> thank you, charlie. >> rose: so what are you doing since you left government? >> well, i am working on a book, a mental with a of my time under presidents bush and obama as secretary of defense, and doing some speaking but staying as far from washington, d.c. as i can. >> rose: when you look at writing a book, i mean, how hard is that for you to take the time anand think of all of the events and make sure that you get it right as you recollect it? >> first i have given myself a little out at the beginning by saying this is a purely personal reminiscence of what i experienced and what i saw, i am not trying to write the defensive history and others will have a different perspective on things, but it was -- we were at war every day of the four and a half years i was in office, and as i write in the book it wasn't just the wars in iraq and afghanistan, it was daily wars with the congress, with other agencies, with the white house, and also i would say with my own building, w
. >>> he is always outspoken on sports. bob costas touched a nerve within he spoke out on gun control earlier this month. find out what he's saying about that now, coming up. hing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app
though some republicans seem to be budging. that is 5:00 p.m. eastern here on fox business. lori: bob corker. i can see in the fluffy slippers. melissa: what did bob corker have to do that? lori: he is the one that suggested that the republicans should accept wealthy tax increases and move on to entitlements. one big money strategist says don't give up on different den stocks quite yet. halfer ford chief investment officer hank smith joins tracy and ashley next on. don't miss it >> we have three weeks of gains and kicking off this week with up arrows. not too far the unchanged line. that seems to be the trend. we're moving higher, slowly but surely. let's take a look at names very key here. watch, first go across the board. the best of the bunch. tech is beaten down lately. now it is coming back. up one quarter of 1%. look at mcdonald's. out with same-store sales for the month of november. much better than, they beat the street for november. october was a terrible month for mcdonald's globally. it was their first month of same store sales they saw a decline in nine years. everybody wa
, craig cook from the university of cincinnati. i remember those guys. i loved them. bob trumping, chris collinsworth. john harwood, thank you. and i was happening that rg3, no real damage, hopefully. comments, questions on anything you see here on squawk, e-mail us, squawk@cnbc.com. >>> still to come, one of the most cited voices since the fiscal cliff, erskine bowles. he he loves the rise above. first, we're going to head to the futures pits in chicago and see which stories are most likely to drive today's trading. as we head to break, some of santa's friends dawned swimsuits this weekend to take part in the santa claus run in budapest, hungary. they did their best to keep moving in below freezing temperatures. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great yea
of the uso all the way back to bob hope and so on but you still get a lot of entertainers today, don't you, who love to entertain the troops? >> we do about 500 performances and events with celebrities every year in locations all over the year of the as you mentioned i just returned from afghanistan, annual holiday tour with the chairman of the joint chiefs of staff and stayed behind to visit uso centers and small forward operating bases to visit with our troops. ashley: terrific. thank you for your work, sloane gibson, uso ceo, continued success with your program, helping heroes work and thank you for joining us. >> thank you. ashley: the closing bell ringing in about 38 minutes or there abouts. talk about a contrarian play, coal stocks, yeah, they have been taking a beating. alpha natural resources down about 50% this year but a top analyst on wall street says, buy them right now and put them in your stocking for the new year. coal stocks on the bargain counter with mike of stern af. he is coming up next a fox business exclusive. ♪ . ashley: oil prices popping since christmas but tradi
tuned. well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? >>> let's get final thoughts from our guest host. greg fle
with china and the united states right now, and what do you see as the challenges in the years ahead? >> bob, thank you very much, and it's great to be back at csis and to be with my friends and colleagues on the panel. i very much appreciate the opportunity. i think as all of you have seen, over the last several years the obama administration, in really a bipartisan spirit, has sought to step up our game in the asia-pacific region, to increase our diplomatic, our commercial, our strategic and our political interactions really across the board. and when we think about it -- it's been termed either the pivot or rebalancing -- a key component of that is frankly our desire to improve and increase our interactions and our relationship with china. we all recognize its importance on the global stage. and frankly, the region and the world demands that the united states and china make an extraordinary effort to make sure that our relationship is strong and stable and predictable. you referred to this long history of what are often referred to as hegemonic transitions. one of the things i would say i
to go home and watch kenny anderson and bob thumpy. >> and chris collinsworth. my dad had season tickets and that's who we used to see, bob trumpy and kenny anderson. great cook. remember him from university of cincinnati. it will be thin trading. what happens this week? it's all dependent on i guess now a small deal. do you feel better that it's in the hands of the senate, ira sfp. >> oh, yeah. i feel great. we're at the point, i think people realize, well, if we go over, they're going to have now a resolution, if it's in mid january, fine, it's in mid january. there are many other things going on in this world. they will come to some type of agreement. and if they want to drive it over the cliff, okay, but then it's going to put the spending right -- that's not necessarily a bad thing. ken langone was not talking about the same thing last week. now spending will come front and center. we've got something that we've delayed for quite a while. it seems there's an agreement that they have to raise some revenue, but they're going to have to attack the spending at some point. if this gets t
thompson. she's in for bob this morning. >> the dow is down 54 points. now just down about 34. the market is expected to move in tandem with any headlines across from washington. right now, we don't have the deal, not really a problem for the markets. of course, that could change as we head toward the close and the uncertainty builds. quick check of the european boards today. most of them were closed. those who did trade, i should say, were only traded a half day. the session there was mixed. the concerns over there continue to be will the u.s. go over the fiscal cliff. that kept pressure on some of the indices there. we're keeping watch on the bank stocks right now. we've seen a dourn-around in those there. futures popped earlier half an hour before the open. they have opened broadly to the down side in today's session. you guys were talking about it earlier, another positive reading on the pmi out of china. that seems to be lending some support to the material stocks in today's session, as you take a look at the shanghai composite, which is closing at a six-month high, or closed the new
mad twee tweets @jimcramer on twitter. hello, jim. writes bob in nevada. "you often encourage home gamers to do their homework. although i dvr every episode of "mad money" i don't recall specifying exactly what you suggest should be involved in doing our homework. my version is mostly libsing to every word on "mad money" and check price movement and arts charts. what else do you suggest we do?" here's what to do with "mad money." i wrote a whole book about how to do it with "mad money." that's the starter. you hear a stock that you like you decide you want to get to know it. you go to the website. the websites these days have almost everything. you read about the last three quarters. i like to read the annual report. then i like to call what the analysts are saying. i like to see what could be in the pipe. i like to see how the dividend is. these are all part of the process long before i would ever think of pulling the trigger. and by the way, i also like to think what would make me sell it? if they miss certain things or did certain things and the stock went up so high. a lot of t
him to in michigan, senator inouye made his two lifelong friends, one senator bob dole, who as we know, became majority leader here in the senate and the republican nominee for president of the united states. and his other lifetime friend is the late senator phil hart, who was known as the conscience of the senate and the hart building, the massive senate office building, is named after him. asked by his son why after being classified as an enemy alien he and the members of the 442nd fought so heroically, senator inouye said in his usual, calm man, for the children. and for the children there could be no finer role model than senator dan inouye. he was a recipient of the medal of honor, a congressional gold medal, the highest honor can bestow. he served the distinguished service cross, a bronze star for valor and, of course, a purple heart. dan inouye showed the same dedication in congress he displayed on if battlefield. i want to take just a little bit here, mr. president, and talk about a meeting that i had, i mentioned it very previously last night but it was ten days ago. i knew se
sons, mark, bob, john and david, and the entire lugar family, most of which is with us here in the galleries today. their strength and sacrifices have been indispensable to my public service. i'm also very much indebted to a great number of talented and loyal friends who have served with me in the senate, including, by my count, more than 300 senators, hundreds of personal and committee staff members, and more than a thousand student interns. in my experience, it is difficult to conceive of a better platform from which to devote one's self to public service and the search for solutions to national and international problems. at its best, the senate is one of the founders' most important creations. a great deal has been written recently about political discord in the united states, with some commentators judging that partisanship is at an all-time high. having seen quite a few periods in the congress when political struggles were portrayed in this way, i hesitate to describe our current state as the most partisan ever, but i do believe that as an institution, we have not live
to avoid the sequestration. >> bob samuelson, "washington post". i think the proposals are to reduce the marine corps by 20,000, and the army by 80,000 from their peaks, and there's much speculation thamuch speculr cuts in the pentagon budget would reduce the additional cuts in both the army and the marines. if the marines was put in a position where it had to occupy and protected the oil field of the persian gulf for an extended period of time say five or six years are those forces adequate to do the job? >> one of the reasons at least i was able to get through as chairman is to try not to speculate much on hypothet speculate much on hypothetical. the reductions in both the army and the marine corps have been in the budget now, and i think they are in the 13 budget, so basically they have been on the hill, the beginning of them they have been on the hill for the better part of a year and they are reductions both of chiefs of those to services and the chairman also. clearly, and i did as well when i was the chairman over year ago, there was a need to come down. there was an expectati
mark bob john and david and the entire family most of which is with us here in the gallery today. their strength and sacrifices have been indispensable to my public service. i am also very much indebted to a great number of talented and loyal friends who have served with me in the senate including by my count, more than 300 senators hundreds of personal and committee staff members and more than a thousand students in turns. in my experience it is difficult to conceive of a better platform from which to devote oneself to public service and the search for solutions to national and international problems. at its best the senate is one of the founders most important creations. a great deal has been written recently about political discord in the united states. some commentators judging that partisanship is at an all-time high. having seen quite a few times in the congress when political struggles were portrayed in this way i hesitate to describe our current state as of the most partisan ever but i do believe that as an
there is duplication. there are clearly areas where we can provide greater efficiencies. we were able, bob gates before me begin that effort. we have added about $60 billion on top of that in terms of further efficiencies. we will continue to review where greater efficiencies can be achieved. i ask that question when i first became secretary. what is the role of the service secretary visa be the service chief? the reality is that there is an important role for them. they are civilians. civilians are involved in providing policy in their areas. the also have to negotiate a lot of the politics. so there is an important role for them to play in terms of their particular service. having said that, there are a lot of other places where we can achieve savings in the pentagon and we will. >> at the defense department deals with downsizing services, have you considered cuts to the number of flight in general officers? >> i think that is part and parcel. as you do force reduction, we will be reducing the structure and i think as that happens, they have to review not just the reductions in our troops but also th
.n. disability treaty right in front of bob dole. that was just a bizarre moment, if you will. this fiscal cliff. three budget standoffs. i mean, this congress has been uniquely atrocious. >> tom? >> the fact is the system is rigged. 75% of the congressmen come from gerrymandered districts in which they are bulletproof. they only play to one constituency. they are not swing states. they have a choir back home. and that's a huge part of the problem here. there's another reality in this town today. we need a lighter moment here. a lot of folks as i was coming into the office today said they have to get it done by kickoff time tonight. >> that's right. >> it's a good thing nbc moved the kickoff to primetime. it's very important. >> david, i think it's also important to go back to the president's argument, that, you know, you have to be able to say yes to something that's reasonable. conservatives have argued that he's effectively exposed big internal divisions in the republican party that they have yet to work out, which prevents them from getting to a reasonable place of compromise to then move on
, that was you and me and we were driving bob michael and president bush nuts when the democrats were offering them, give us the tax increases now, we'll give you the spending cuts later and we were saying, oh, no, they'll never keep their word on the spending cuts. they'll tax the tax increases. quite frankly, the speaker has a difficult role to play here. he's seen by so many people as the principal guardian of our liberty and of sound economic policy within the context of the majority senate that frankly just think it's good for the country for the government to be bigger. the government is counterproductive to the performance of the rest of the world. >> thank you for coming on. >> i would respectfully suggest that the government is grown too big, promised too much and waited to long to restructure, but it's not too late. and i would also respectfully suggest that both political parties are responsible for that. >> absolutely right. >> we need comprehensive tax reform. and what i'm concerned about is that we're not differentiating between this fiscal cliff, it's the symptom, and the diseas
. >> ticker would be scas, by the way. >> for seaworld? >> yes. yes. yes. check with mary thompson in for bob pisani this morning. hey, mary. >> we note mixed market the dow up 7 1/2 points, continued weakness in the s & p as well as the nasdaq today, lower by semiconductors, strength in the energy sector around drug stocks in early trade. that is helping to support the dow. a number of traders say the market continues to hold up pretty well, given that there are, of course, fewer expectation wers going to reach, a grand bargain on avoiding the fiscal cliff. look at the s & p, we did have melissa mentioning this earlier, down three days in a role one strategist pointing out technically looks vulnerable, the 15-day moving average above the 200 day. if it breaks below that, we could see selling pressure heading to the end of the year. the vix which popped up earlier, this is a measure of fear on wall street. i bring this up, while we are at the highest levels in six months on the vix, well below half of where we were back in august of 2011, the debt crisis. that kind of suggests again a complac
. the have to find common ground. host: bob is on the line from chapel hill, north carolina. caller: two specific questions. does your trillion dollar increase come from status scoring versus dynamic scoring? there is some growth that comes out of the base broadening. on social security, do you adjust the inflation annually? lastly, a little history. i know the set was trying to do something with the commission in 2008-2009. they fail to pass it. -ba- -- they failed to pass it. the hypocrisy did not go both ways. i think history would help people understand the importance of simpson-bowles. guest: you're absolutely right. there have been several proposals. they are creating a commission that have the authority to come up with a plan. this was a bipartisan bill that was in the senate. it failed. the alternative was the aha president by executive order established simpson-bowles. the leadership in congress soft agreed that if simpson-bowles got 14 members to vote yes then the recommendations would be put up for consideration and some sort of expedited fashion. it became a non issue. the pr
you heard from a man at the center of this, bob king, the president of the united autoworkers here, saying this doesn't necessarily mean the death of unions. the reason i asked him that is because we have seen the decline of union membership, not only here in michigan, but nationally. it was more than 20% of all workers were unionized in 1983. today, it is under 12%. so the symbolism here in michigan is key. i spent time out here with the protesters today and also inside the capital, behind me. if we can roll some of the video, when the first bill of these two bills passed, they sat on the floor of the protesters, chanting veto, veto, saying this is our house. clearly, though, the legislation not moving in the direction they want. the only option now, brooke, frankly, is for them to work hard over the next two years to get representatives they want elected, to get a new governor elected, could overturn this legislation. as long as it is signed by the governor, this is the new law of the land in michigan. >> i know so much of this having talked to folks on one side, that this is jus
they took him to in michigan, senator inknew -- senator ininouye, two phones, bob dole, and the republican nominee for president of the united states, and this other lifetime friend is senator phil hart, who was known as the conscience of the senate,, a massive senate office building named after him. senator said in his usual calm manner, for the children. and for the children there could be no finer role model than senator dan inouye. congressional gold medal. highest honor congress can bestow, the distinguished service cross, bronze star for valor, and of course, a purple hurt. dan inouye showed the same dedication in congress as he displayed on the battle field. i want to take just a little bit here, mr. president, and talk about a meeting i had -- i mentioned it briefly last night, but it was ten days. i knew that senator inouye was not feeling well, so i went down to his office, and he has a remarkable office. it's a beautiful office. but there isn't one single frame on the wall depicting what great man he is. there are no awards, there are no commemorative statues, all he has in his
are dead, two are injured. let's go to a news conference right now. >> the lieutenant governor bob duffy is graciously agreed to join us and say a few words at the end of the press conference. we have major mark kosten of the new york state police. just an update on the fire scene. the fire, the fires are under control. seven houses have been totally destroyed at the scene. still an active crime scene. we have yet to get into any of the homes. we don't know if there are any additional victims in those homes. and, when that information comes to light we'll certainly give you updates on that. with regards to the homes, the red cross has asked me to put out the phone number, if you would run it for me please, 241-4472 emergency housing. any other needs. they do assistance for any mental health issue that may come in because of this tragedy. clothing, any type of aid possible. 241-4472. they haven't been table to touch bases with all the residents up at the scene at this time. an update on the two shooting victims that i put out earlier. theodore skardeno guard condition. the joe hoffstetter
's check with mary thompson, on the floor in for bob pisani today. >> weakness across the board. weakness in the nasdaq, down about 20 points. the dow lost in early trade. a little more modest in the s&p, down 4.25%. traders saying the fiscal cliff headlines will continue to dictate trading. and here there was a little reaction in the futures market ahead of today's opening bell on the data and the better than expected production numbers. overseas, last night we did have some more bad news out of japan with business sentiment there weakening. as melissa was mentioning earlier, positive news on the manufacturing front in china. that's giving a lift, as she pointed out, to a number of mining stocks. while it's also giving a lift to energy, or to oil prices this morning, i should point out, some of the big name oil companies were a little bit lower in early trading, again, those being exxon as well as chevron. the traders said the bid in the market remains strong despite concerns about the fiscal cliff in large part because the investors remain positive going into 2013. this is the markets r
. david herring, kent hall, who died on timely death working for me, care are garland, bob vanhuevland, wally, my legislative director who was with me for more than 20 years, tom mar, jerry gaginas, we all fondly call "mom," because she cracks the whip and makes sure the trains run on time. mary naylor, also has been with me more than 20 years. my deputies there, john rider and joel friedman, who have done extraordinary work on behalf of the people of this country. stew nagerka, who is going to help me with charts today, my longtime communication communics director, and so many more. and most  of all to my family, my wife lucy, who has been my partner through all this, was my campaign manager when i first ran for the united states senate, my daughter jessie, who in in many ways has perhaps sacrificed the most because when you're in this job, you miss birthdays, you miss other important events. but she has been a great daughter, and she was here last night for our farewell party. and we had a lovely time. our son, ivan, and his wife kendra, who are in oregon where they have a small far
Search Results 0 to 41 of about 42 (some duplicates have been removed)